By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
MixIndiaMixIndiaMixIndia
  • Home
  • Kerala
  • Film News
  • Tech News
  • Automobile
  • Education
  • Celebrity Profiles
  • Movies
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: US Private Equity firm Silver Lake invests Rs 5,655.75 crore in Reliance Jio
Share
Notification Show More
Font ResizerAa
MixIndiaMixIndia
Font ResizerAa
Search
  • Home
  • Kerala
  • Film News
  • Tech News
  • Automobile
  • Education
  • Celebrity Profiles
  • Movies
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
MixIndia > Blog > News > US Private Equity firm Silver Lake invests Rs 5,655.75 crore in Reliance Jio
News

US Private Equity firm Silver Lake invests Rs 5,655.75 crore in Reliance Jio

Rakesh Sudheesan
May 4, 2020 11:30 am 11:30 am
Rakesh Sudheesan
Share
1 Min Read
SHARE
US private equity firm Silver Lake has invested Rs 5,655.75 crore in Reliance Jio, the country’s leading telecom services provider. Silver Lake has bought a 1% stake in Geo Platform. Earlier, Facebook had spent $ 570 billion to buy a 9.99% stake in Jio. Just days after that, another American company was investing in Geo.

With this investment, Jio platforms have been valued at Rs 4.90 lakh crore and enterprise value of Rs 5.15 lakh crore. Facebook today announced a 12.5 per cent premium to its equity valuation of Facebook’s investments.

Reliance Industries Limited Chairman and Managing Director Mukesh Ambani said, “We are delighted to welcome Silver Lake as one of Jio’s most valued partners. This transaction will help drive digital growth in the country. Silver Lake has a great track record as a valuable partner to leading technology companies globally, he said.

Silver Lake is one of the best companies in technology and finance. Statistics from Silver Lake are happy to take advantage of the country’s digital benefits. Mukesh Ambani said these links will help change the Indian digital community.

Varalaxmi’s ‘Rajaparvai’ trailer
Apply now for D.Pharm & Paramedical Diploma Courses
Shahid delivered second Mercedes to Memeba garage in a year; The actor owns a 3.5 crore Mayba GLS 600
Upcoming phones launching in August 2023: OnePlus Open, Redmi 12 5G, Vivo V29 series, more
Xiaomi Redmi K30 Pro Price in Kerala | Features | Specifications

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
ByRakesh Sudheesan
Follow:
Founder/Editor/Journalist at Mixindia.com
Previous Article North Korean dictator Kim Jong Un Returns After a Break of 3 Weeks
Next Article Women’s Jandhan Fund Rs.500 To Be Issued by Banks
Leave a Comment Leave a Comment

Leave a Reply

You must be logged in to post a comment.

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow

Latest News

The then WCC was Lalita chechi, if there was any problem, if you complained to Lalita chechi, it would happen - Lal Jose remembers
The then WCC was Lalita chechi, if there was any problem, if you complained to Lalita chechi, it would happen – Lal Jose remembers
Film News News
October 17, 2024 10:41 am
A fan cycled 1,600 km from Uttar Pradesh to Hyderabad to meet Allu Arjun.
A fan cycled 1,600 km from Uttar Pradesh to Hyderabad to meet Allu Arjun.
Film News News
October 17, 2024 4:35 am
Bala's ex-wife reacts amid controversy, ex-wife says they don't want those things and should be allowed to live peacefully
Bala’s ex-wife reacts amid controversy, ex-wife says they don’t want those things and should be allowed to live peacefully
Film News News
October 17, 2024 3:34 am
Everything heard is true, that actor in the lead role in the movie Empuran; Malayalam's two superstars are reuniting
Everything heard is true, that actor in the lead role in the movie Empuran; Malayalam’s two superstars are reuniting
Film News News
October 17, 2024 2:33 am
//

We influence 20 million users and is the number one business and technology news network on the planet

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form id=”847″]

© 2024 Mixindia. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?